India, April 1 -- Hours after reports of a vessel carrying Iranian crude heading towards India, the ministry of ports, shipping and waterways said it did not know of any such development.

Mukesh Mangal, additional secretary at the shipping ministry, when asked about an Iranian oil ship moving towards India, replied that the government had "no specific information" on the vessel. Mangal made the remark during an inter-ministerial briefing on the recent developments in West Asia.

Ship tracking data had earlier suggested that India's first Iranian crude oil cargo since 2019 may be heading towards a port in Gujarat, PTI news agency reported.

Sumit Ritolia, lead research analyst for refining and modelling at commodity market analytic firm K...